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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (310)	12/4/1998 8:56:00 AM
From: donald sew	Read Replies (2) \| Respond to of 99985

MMV - Hi there Im stuck on the topic of the internuts, not because I play them, since I dont, but because I feel they may be a ominous signal for the overall market. These type of manic craze does not happen every year. I wonder when they occur are they leading indicators that a major top is in place and a big pullback occurs. The TULIP craze, TRADING company craze of several hundred years ago damaged their markets. What about more modern times - was there a manic craze in the early 90's in JAPAN just before they started their bear market. Same for 1929, 1970's. Wasnt the biotech craze in the 70's. Im trying to make a correlation between market crazes and major market tops. Any comments welcomed Seeya